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Universal Health International Group Holding Ltd. ( (HK:2211) ) has shared an update.
Universal Health International Group Holding Ltd. has announced a proposal to increase its authorised share capital from US$10 million to US$50 million, creating an additional 400 million shares. This move is intended to accommodate a subscription of new shares and provide flexibility for future fundraising to support the company’s growth and development. The proposal is subject to shareholder approval at an upcoming extraordinary general meeting. While the company currently has no immediate plans for equity fundraising, it remains open to potential opportunities to support its operations and future development.
More about Universal Health International Group Holding Ltd.
Universal Health International Group Holding Ltd. operates in the healthcare industry, focusing on the distribution and retail of pharmaceutical and healthcare products. The company is based in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 425,300
Technical Sentiment Signal: Buy
Current Market Cap: HK$101.7M
For a thorough assessment of 2211 stock, go to TipRanks’ Stock Analysis page.